401 Clinton Street

About This Property

Endless Possibilities in Prime Downtown Toronto Location. Nestled on a quiet tree-lined street of century homes, this duplex currently has three self-contained suites. Highly walkable to trendy shops, restaurants, Christie Pits Park and a 7-min stroll to the Bathurst Subway connecting you to all corners of the city. A lovely private yard perfect for entertaining. The single-car garage, if removed or rebuilt, could provide two parking spaces. Great investment opportunity or restore to a gorgeous 2.5-story semi. Basement waterproofing was completed in 2016, asphalt shingles in 2024, and forced air gas furnace and water heater in 2019. Upper is 3 Bdrm, Main is 1 Bdrm & Basement is 1Bdrm. A stone's throw from U of T. Outdoor enthusiasts will enjoy Christie Pits Park with sports fields, a pool, a playground & ice rink. Endless possibilities and a neighbourhood offering the very best of Toronto Living. Currently configured as three self-contained suites, this property generates a substantial monthly rental income of $5,000. However, with some renovations, it could easily be transformed into a magnificent 2.5-story single-family home, providing ample space for your family and guests. Current Rental Income: $2100 Upper, $1450 Main, $1450 Lower, for a total of $5000/mo. Landlord pays utilities. Market Rental Data suggests a potential of $7500/mo (buyer to do their own due diligence). An excellent investment opportunity to live in one suite and rent the others, and many opportunities to customize the home for your lifestyle. Whether you're seeking a lucrative investment property with immediate cash flow or a blank canvas to create your dream home in a prime downtown location, this property offers the perfect blend of flexibility, potential, and lifestyle amenities. Don't miss this rare opportunity to own a piece of Toronto in this vibrant location.